Newcrest Mining — Scotiabank Mining Conference (January 2012)
18 slides from Newcrest Mining's conference presentation, January 2012
Slide 1: Delivering on Investment
SCOTIABANK MINING CONFERENCE Delivering on Investment Philip Stephenson Chief Operating Officer (Australia & Americas)
Slide 2: Disclaimer - Forward Looking Statements
Disclaimer Forward Looking Statements This document includes forward looking statements and forward looking information within the meaning of securities laws of applicable jurisdictions. Forward looking statements can generally be identified by the use of words such as “may”, “will”, “expect”, “inte
Slide 3: Disclaimer - Ore Reserves and Mineral Resources Reporting
Disclaimer Ore Reserves and Mineral Resources Reporting Requirements As an Australian Company with securities listed on the Australian Securities Exchange (ASX), Newcrest is subject to Australian disclosure requirements and standards, including the requirements of the Corporations Act 2001 and the A
Slide 4: What makes Newcrest different
What makes Long reserve life – ~24 years reserve life1 Newcrest different Low-cost production – first quartile cost position Do what we say Organic growth options (at Cadia, Lihir, Wafi-Golpu, Havieron & Red Chris) 1. Reserve life is indicative and calculated as proven and probable gold reserves (co
Slide 5: Operating assets, advanced projects and investments
Cadia (100%) Lihir (100%) Telfer (100%) Operating FY20 Production: 843koz Au, 96kt Cu FY20 Production: 776koz Au FY20 Production: 393koz Au, 16kt Cu FY20 AISC: $160/oz assets, Ore Reserves: 21moz Au & 4.3mt Cu FY20 AISC: Ore Reserves: $1,206/oz 23moz Au FY20 AISC: Ore Reserves: $1,281/oz 1.4moz Au &
Slide 6: Cadia and Lihir mineral reserves larger than 20 mines of major gold peers
Cadia and Mineral reserve base of key operating assets1 (moz) Lihir mineral 25 reserves larger than 20 mines of major gold 15 peers 10 5 0 1. Based on producing assets held by Barrick, Newmont and Newcrest with an attributable reserve >4moz. Source: Company reports as at 21 February 2020. Mineral re
Slide 7: Lowest cost major gold producer
Lowest cost AISC/oz for year to 30 June 20201 ($/oz) major gold producer 1,035 1,010 989 971 946 862 2 1. AISC/oz from company reports based on data available for Newcrest Gold Fields Barrick AngloGold 2 Newmont Agnico Eagle the periods ended 30 June 2020, 31 March 2020, 31 December 2019 and 30 Sept
Slide 8: Red Chris
Red Chris
Slide 9: Red Chris - Delivering improvement
Apply Newcrest’s Red Chris - Safety Edge Apply Newcrest’s industry leading Delivering Transformation transformation technology improvement approach Keep our people Improve existing Develop future safe operations potential
Slide 10: Red Chris appears similar to an early Cadia
Cadia 5.5km Red Chris – Big Cadia Little Cadia appears Cadia Quarry Cadia Hill similar to an early Cadia Ridgeway Cadia East Red Chris 3km Main Zone East Zone OP Au ppm Gully Zone East Zone UG Open Open
Slide 11: Multiple higher grade intercepts
Multiple higher grade intercepts1 Results include: RC 611: 628m @ 1.7g/t Au and 0.91% Cu 1. The information in this slide that relates to exploration results at Red Chris has been extracted from the Newcrest releases titled “Exploration Update” dated 10 September 2020, “Exploration Update” dated 11
Slide 12: Block caving potential to unlock value
Block caving • Block caving enables relatively low operating cost extraction of ore potential to • Ability to mine >1km below surface unlock value Subsidence zone Caving levels Comparative surface impact Comparative surface impact Cadia hill open pit Cadia East subsidence zone Waste rock dumps 12
Slide 13: Red Chris - next steps towards growth
Commence Decline Additional Drilling Red Chris – (75,000m in FY21) Construction (early 2021) next steps towards Initial Newcrest growth1 Prefeasibility Study Resource (by end Sept 2021) (by end March 2021) 1. Subject to market and operating conditions and all necessary approvals
Slide 14: Havieron
Havieron
Slide 15: Four key target regions
Four key target regions1 Crescent Results include: NW Closure Eastern Breccia HAD065W22: 120.7m @ 9.3g/t Au and 0.18% Cu Northern Breccia HAD059: 109m @ 6.3g/t Au and 0.71% Cu Crescent SE Closure 1. The information on this slide relating to exploration results at Havieron has been extracted from the
Slide 16: Higher grade zone
Higher-grade arcuate sulphide mineralised zone Higher grade zone 1. The information on this slide relating to exploration results at Havieron has been extracted from the Newcrest release titled “Quarterly Exploration Report” dated 29 October 2020.
Slide 17: What makes Newcrest different
What makes Newcrest Long Low cost different reserve life production Do what Organic growth options (at Cadia, Lihir, Wafi-Golpu, we say Havieron & Red Chris) Strong exploration & technical Financially robust capabilities 17
Slide 18: Find out more: www.newcrest.com
Find out more: www.newcrest.com Engage with us +61 3 9522 5717 +1 866 396 0242
Newcrest Mining — Scotiabank Mining Conference (January 2012) on 6ix